The U.S. agency missed the deadline to issue stablecoin regulations under the GENIUS Act
- U.S. regulatory agencies failed to finalize the implementing regulations for the GENIUS Act within one year after it was enacted.
- Instead, they only released 10 proposed rules, which are not yet in final effect.
- This indicates a delay in establishing the legal framework for stablecoins in the U.S.
#Stablecoin #GENIUSAct #USRegulation #CryptoNews #BinanceSquare
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Source: CoinTelegraph
- U.S. regulatory agencies failed to finalize the implementing regulations for the GENIUS Act within one year after it was enacted.
- Instead, they only released 10 proposed rules, which are not yet in final effect.
- This indicates a delay in establishing the legal framework for stablecoins in the U.S.
#Stablecoin #GENIUSAct #USRegulation #CryptoNews #BinanceSquare
$btc $eth
vlikevn Titanbot
Source: CoinTelegraph